Bank of Montreal (BMO) Given News Impact Score of 0.12

News articles about Bank of Montreal (NYSE:BMO) (TSE:BMO) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bank of Montreal earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 47.4994017334572 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s scoring:

Several equities research analysts have recently weighed in on BMO shares. Scotiabank reissued a “buy” rating and issued a $112.00 target price on shares of Bank of Montreal in a research report on Wednesday, November 22nd. Zacks Investment Research raised shares of Bank of Montreal from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a research report on Tuesday, February 6th. Canaccord Genuity reissued a “hold” rating and issued a $105.00 target price on shares of Bank of Montreal in a research report on Tuesday, December 5th. Finally, Macquarie raised shares of Bank of Montreal from a “neutral” rating to an “outperform” rating in a research report on Thursday, February 15th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $98.60.

Bank of Montreal (NYSE:BMO) traded up $0.33 on Wednesday, hitting $75.96. 394,745 shares of the stock traded hands, compared to its average volume of 476,541. The company has a market cap of $49,270.00, a P/E ratio of 13.81, a P/E/G ratio of 1.62 and a beta of 1.08. Bank of Montreal has a one year low of $66.75 and a one year high of $84.71. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.18 and a quick ratio of 1.18.

Bank of Montreal (NYSE:BMO) (TSE:BMO) last released its earnings results on Tuesday, February 27th. The bank reported $1.68 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.02. The company had revenue of $5.68 billion during the quarter, compared to the consensus estimate of $5.45 billion. Bank of Montreal had a net margin of 16.69% and a return on equity of 13.85%. The company’s revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.28 EPS. sell-side analysts expect that Bank of Montreal will post 6.82 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, May 28th. Stockholders of record on Tuesday, May 1st will be given a $0.755 dividend. The ex-dividend date is Monday, April 30th. This represents a $3.02 annualized dividend and a dividend yield of 3.98%. This is an increase from Bank of Montreal’s previous quarterly dividend of $0.73. Bank of Montreal’s payout ratio is presently 53.27%.

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About Bank of Montreal

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.